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and for this great nation. >> and in a matter of minutes, it was all over. romney and his running mate paul ryan and their families exiting the political stage. the pictures and the imagery kind of said it all. back to you guys. >> hampton, thank you very much. we go from the white house to capitol hill. the balance of power stays the same in congress. eamon joins us now for that side of the story. >> democrats needed 25 seats to take over the house of representatives. they didn't get there. i think we've got a graphic here that will show what the spread was in the house. and you look at that, you see the democrats had a long way to go. 197, 238. and look at the senate. in the senate, republicans were hoping going into the night that they might be able to get four pickups in the end of the day, we looked at a democrat-plus two situation. two independents, angus king, the independent who was elected last night from the state of maine, has not said which party he'll caucus with. in the end, it won't make the difference in the balance of control in the senate. we're expecting that he'll caucus with
wins the presidency, they only need three seats and that's because a vice president paul ryan would be the guy to cast the tie breaking vote in the senate. in the house, the split is 240/190 in favor of the republicans. that means democrats will need a 25 seat net gain in order to break the difference. there are five vacancies in the house of representatives right now and that's why they need a 25 seat net gain in the house of representatives there you see the split 240/190 for the democrats. so i want to talk about what's going to be the big factor at play tonight. the guys from the cook political report had a great report that i saw yesterday talking about the demographics of this race. we've been so focused on white male, hispanic, the female vote. and what the cook guys and their analysts concluded yesterday is that in a lot of these senate and house races, it's gotten to the point where demographics are destiny. it matters so many more than actual candidate quality. so forget about the talking points and stump speeches. what they are concluding is that we're getting to a place
is close to paul ryan. he's one of those 100. if paul ryan wants to run for president in 2016 -- >> they're talking about jeb bush and chris christie and marco rubio. >> but he has a big future in politics in the republican party. >> i haven't seen paul ryan in four or five months. >> anyway, all i'm suggesting is -- >> has he been around? i thought he left the country. >> they will remember. >> i won't take cheap shots. >> you think he's in the witness protection program? >> i'm not going to take a cheap shot. he has not come on on the show and he was on a lot. so i won't take a cheap shot. he hasn't been training for the marathon. that was going to be my cheap shot that i wasn't going to take, but he has not been on this show until though he used to come on all the time. >> was it a cheap shot? >> yeah. >> probably was. anyway, of course he's one of the 100. there's a the lot of guys in there that -- i know plouffe says it was a clear vote by americans that they want taxes raised. there are a lot of thins that went into that election. and i think the exit polls was at like 40% said tha
:00 and then followed by a session with john boehner, eric cantor, paul ryan and chairman of the house's tax writing ways and means committee dave camp. also lunch with republican senate minority leader mitch mcconnell and nancy pelosi. yesterday a number of high profile corporate leaders met with president obama at the white house, including lloyd blankfein. >> both sides have acknowledge there had is revenue concessions and entitlement concessions. in fact if you listen to it, again, i'm not a master of the political art here, but i would say if you have these point of views in a business context, i would say a deal would be in reach. >> among our guests this morning, we have ron johnson. at the white house today, president obama will host mitt romney for a private lunch. it's their first meeting since the election. and this his victory speech, obama promised to engage with romney and consider his ideas. >> a lot of people didn't think the lunch would ever happen. >> interesting if he's going to be talking about ideas, mitt romney's idea had been to reach some sort of a cap on it 00 mem deductions
about the role of paul ryan in all of this and whether he will be able to work with boehner on this and whether he has to take a hard position against boehner. >> and whether eric cantor will go along with whatever plan boehner puts out. >> i think it will be tough sledding. >> i still think it would be easier to sell a one year, you know, and then do bigger tax reform. do one year, everybody can agree on that. >> we're not getting a solution. if the democrats have r. so convinced about below 250, you can still have an argument about whether it's a good idea up there in a recession to raise taxes. >> it's the idea of closing loopholes and finding a way to raise revenue so is you can say, yes, we are raising revenue by doing this. >> the other thing i kept hearing was this idea of maybe going from 250 up to a million bucks. and whether that would change the conversation. >> it probably would. >> conservatives didn't farewell and there's a lot of hammering. but here's one who speaks for some conservatives. he's saying we do not accept bipartisanship in the pursuit of tyranny.
has spending cuts on the table. it's the rate of increase, even paul ryan's was going to grow spending at 3% or so a year. >> what would you cut, wilbur? >> hmm? >> what would you not slow but cut? >> you have to deal with medical, for example, talking about the reform in health care is a joke if you don't deal with medical malpractice. there's been no talk about that at all on either side of the aisle. that's a joke that leads to overtesting, too expensive insurance policies. malpractice is not inherent in providing universal health care. >> a couple of points. first of all, wilbur raised the bar by the way, if you're talk being not just slowing the rate of growth of spending but cutting spending that makes the solution a lot harder. i'm not saying you're wrong. i happen to disagree with you. >> i didn't say we should cut actual spending. i said that the verbiage about it is wrong because we're not cutting spend willing. we' we'readjusting the rate of growth. >> we haven't talked about the fact that everybody up there in washington agrees with 98% of the tax policy that should reset w
the "new york times." democrats like a romney idea. >> did you see paul ryan's comment? >> no. but i got my button back on because i'm -- i'm going to tell that you rise above is kind of like a rorschach thing. because for me, rise above means democrats rising above the obsession with rates and realizing broadening the bates is better -- >> it means coming together. >> that is a way of coming together. you're raising revenue. your only way is if the republicans say yes -- >> no, that is not true. my way is anyway you come up with an agreement is a great way. you're only looking from one side of the aisle. >> but they'll never agree to raising rates about sfw. >> i will give you that it is a error sha rorschach test, but i want you to actually cut some things and i want you to deal with expenditures. >> you have the same house that said no to 39.6 on the high he said. but a way of raising revenue will spur growth -- they're coming around to the correct version right here. >> what about the idea democrats say we will take on the social issues, we will take on makinging sure that we're cutting
saw what paul ryan said. the house was re-elected. so people re-elected those people in the house for a reason. it's a nonstarter. it's not going to happen. it's not going to be 1.6 billion. 1.6 trillion. to get to four trillion, that would be 2.4. so we said that. he'll go not 3-1 like simpson bowles. he's go one and a half to one. >> that's not going to happen either. >> but what bothers me -- >> the problem is nothing is going to happen. >> what bothers me is i do think you can get to a point where you raise taxes too much and you don't cut spending enough, where you're just funding entitlements by raising taxes and you don't do anything about it. if he had his way, i really think he would do that. i still don't think he gets it. >> when you hear people who are saying things like that, my guess is if you had boehner and president obama sit down in a room together, they could probably come up with an approach. >> we'll see. you don't have your button. >> i do. >> i'll just make one point. >> what's that? >> if you don't rise above, you know what you do? you sink below. you sink
to learn to get the message out there. for example, when romney announced paul ryan, you notice the background, all white. why? that's just stupid if you're trying to reach out to voters. same thing at the convention -- >> you blame it solely on on the candidate himself not -- >> and the party. the candidate and the campaign and some of our senatorial candidates got it better which is why they faired fairly well. but you have to have the positive optimistic reaganesque message, sound money, lower tax rate, opportunity of controlling your own health care and the like. >> but people say demographics are going in the wrong direction. >> demographics change. we assume if you start out in a certain part of life you're going to stay there forever? no. people move up. >> what about -- >> irish, italians were all seen as democrat. ray began coeagan comes along, to republican. >> you ck didn't have 47% on th receiving end. i'm allowed to say 47%. i'm not running for anything. it wasn't 47% when reagan was running. and i'm with andrew on this, listening to the radio, there was this really
Search Results 0 to 8 of about 9